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Food & Drug Law Weekly

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Covalent Group, Inc.



CRO finalizes agreement for $9.7 million of new business



September 24th, 2004

Covalent Group, Inc., (CVGR) announced that it has executed definitive contract documents for its previously announced $9.7 million award with a major biopharmaceutical company to provide full-service management and operational support of a clinical research program that includes an interventional trial and a patient disease registry.

The effective start date of the definitive agreement was June 30, 2004. Previously, Covalent was awarded a $2.0 million contract for initial services supporting this program. The total program value is approximately $11.7 million. The company expects to begin performing services under the new $9.7 million agreement in the latter part of...


Source: Food & Drug Law Weekly (2004-09-24)

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